18 November 2016
ASX ANNOUNCEMENT
FLINDERS MINES RECEIVES ENVIRONMENTAL APPROVAL FOR EXPANDED PILBARA IRON ORE PROJECT
Flinders Mines Limited (ASX:FMS) (Flinders) is pleased to announce that the Federal Government Department of the Environment and Energy has granted Flinders approval for the development of an expanded operation at the Pilbara Iron Ore Project (PIOP). This approval, made under sections 130(1) and 133 of the Environment Protection and Biodiversity Conservation Act 1999, allows the development of additional mine pits and infrastructure such as external access roads, airport, ore processing facility, power station, accommodation camp and tailings storage facility. These changes allow an increase in the production of iron ore from 15 Mtpa to 25 Mtpa. The approval, which has effect until 31 December 2037, is subject to certain conditions, all of which are acceptable to Flinders.
This environmental approval, which is an important primary approval milestone for the project, demonstrates that the PIOP can be developed in an environmentally acceptable manner.
Flinders will continue to progress remaining approvals as required, pending the outcome of the strategic review.
Robert Kennedy Chairman
Flinders Mines Limited ABN 46 091 118 044
www.flindersmines.com
Level 1, 135 Fullarton Road Rose Park
South Australia 5067
PO Box 4031
Norwood South South Australia 5067
telephone 61 8 8132 7950
facsimile 61 8 8132 7999 email [email protected]